25 Pfennig

Leopoldshall was a small industrial town in the Prussian district of Bernburg, its economy almost entirely dependent on the local potash mining operations. By 1921, Germany's postwar inflation had already made small Reichsmark coinage effectively worthless as a circulating medium, and dozens of municipalities in the Anhalt region issued their own Kleingeldersatz to cover the gap. This note is one product of that scramble.

Louis Koch of Halberstadt was a regional commercial printer, not a specialist banknote firm — typical for this tier of Notgeld production, where speed and local availability mattered more than security printing.

Leopoldshall merged with the neighboring city of Staßfurt in 1950.